CAG - Cape Range
- Thread starter tiggy7
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Re: CAG - Cape Range Wireless
Mick take a look at how Big Bro NSL has performed
2c - 10.5c and I think its clear punters are doing a back the management play here
and Coal is right now hotter than Fe so great future in store for CAG no doubt
Mick take a look at how Big Bro NSL has performed
2c - 10.5c and I think its clear punters are doing a back the management play here
and Coal is right now hotter than Fe so great future in store for CAG no doubt
Re: CAG - Cape Range Wireless
hey YT, CAG just needs to clear the resistance at 3.5c and we should start to see some further gains, just seems to be a few stale holders/profit takers willing to cash out at 3.5c at the moment.
coal is on fire at the moment especially in the spec end of things with companies such as CAG,LOD etc doing really well.
also CDS has now graduated out of the spec sector into the mid tier coal plays, also became my first $1 million dollar paper profit stock
hey YT, CAG just needs to clear the resistance at 3.5c and we should start to see some further gains, just seems to be a few stale holders/profit takers willing to cash out at 3.5c at the moment.
coal is on fire at the moment especially in the spec end of things with companies such as CAG,LOD etc doing really well.
also CDS has now graduated out of the spec sector into the mid tier coal plays, also became my first $1 million dollar paper profit stock
Caliente
Black Gold!
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Re: CAG - Cape Range Wireless
S*** you made a million out of CDS? Hot damn. I've made a packet, but that is out of this world Mick, congratulations =)
Surely you are on the Top20 list?!
S*** you made a million out of CDS? Hot damn. I've made a packet, but that is out of this world Mick, congratulations =)
Surely you are on the Top20 list?!
Re: CAG - Cape Range Wireless
i bought in too the other day at 3c even on the back of the NSL performance.
However isn't the CAG ownership potential only a small % compared to NSL. What is the SP $ potential of CAG in the coming weeks. I haven't seen any calcs on ROI for this one.
i bought in too the other day at 3c even on the back of the NSL performance.
However isn't the CAG ownership potential only a small % compared to NSL. What is the SP $ potential of CAG in the coming weeks. I haven't seen any calcs on ROI for this one.
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Re: CAG - Cape Range Wireless
NSL deal was exactly the same, so far only 20%, can acquire the balance 80% taking total to 100% for a total of 2 Billion Shares
CAG 20% so far, can acquire balance 80% taking total to 100% for 1Billion shares
So if anything CAG has got the same deal for hlaf the price
i bought in too the other day at 3c even on the back of the NSL performance.
However isn't the CAG ownership potential only a small % compared to NSL. What is the SP $ potential of CAG in the coming weeks. I haven't seen any calcs on ROI for this one.
NSL deal was exactly the same, so far only 20%, can acquire the balance 80% taking total to 100% for a total of 2 Billion Shares
CAG 20% so far, can acquire balance 80% taking total to 100% for 1Billion shares
So if anything CAG has got the same deal for hlaf the price
Re: CAG - Cape Range Wireless
Thanks YT for clearing that up, i wasn't sure from reading the ann.
So really the upside potential is good?
YT, Have you done any future value calc potential?
Wish in hidsite I had hung onto my original holding in NSL, i got frustrated in waiting for news and sold out for 2c, but then a few days later I thought i may have made a mistake and bought a qtr of my original holding back for 2.6cents. So i have made a quarter so far of what i could have, but i had a loss when i sold cause my avge was 2.5. Anyway live and learn!!
Thanks YT for clearing that up, i wasn't sure from reading the ann.
So really the upside potential is good?
YT, Have you done any future value calc potential?
Wish in hidsite I had hung onto my original holding in NSL, i got frustrated in waiting for news and sold out for 2c, but then a few days later I thought i may have made a mistake and bought a qtr of my original holding back for 2.6cents. So i have made a quarter so far of what i could have, but i had a loss when i sold cause my avge was 2.5. Anyway live and learn!!
michael_selway
Coal & Phosphate, thats it!
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Re: CAG - Cape Range Wireless
Wow my of my, there maybe more upside!
How much reserve/resource does CDS have again?
thx
MS
hey YT, CAG just needs to clear the resistance at 3.5c and we should start to see some further gains, just seems to be a few stale holders/profit takers willing to cash out at 3.5c at the moment.
coal is on fire at the moment especially in the spec end of things with companies such as CAG,LOD etc doing really well.
also CDS has now graduated out of the spec sector into the mid tier coal plays, also became my first $1 million dollar paper profit stock
Wow my of my, there maybe more upside!
How much reserve/resource does CDS have again?
thx
MS
Re: CAG - Cape Range Wireless
THere is potential, but it all depends on market sentiment. What we feel is potential doesn't neccesserily eventuate.
I think the big figure is 3.5c and whether it can clear this and move to 4c is important. Once this can get to 4c who knows then, especially if it comes before the announcement and hopefully can break into a bit of sky rocketing momentum ala NSL.
THere is potential, but it all depends on market sentiment. What we feel is potential doesn't neccesserily eventuate.
I think the big figure is 3.5c and whether it can clear this and move to 4c is important. Once this can get to 4c who knows then, especially if it comes before the announcement and hopefully can break into a bit of sky rocketing momentum ala NSL.
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Re: CAG - Cape Range Wireless
Guys many factors will be at play here,
Mkt sentiment, traders, day traders, momentum traders and good old investment,
I like this when it was 2.5c-3c the day of the acquistion ann, and it still looks cheap,
Further as I have already said I think the fact that it is the 'lil bro" of NSL makes for a very interesting case in point
To do NPV calcs or reserve estimates at this point in time is crazy to say the least,
My advice do as I am doing and wiat for the important production date being 15th July that only 2 weeks away, I'm sure more info will come between now and then too
What I find most interesting is that as stated the company have already got MINING contractors
"Metro owns 100% of the shares in PT Metro Consolidated Resources (“MCR”), (95% as a direct holding and 5% through a trust arrangement) a Foreign Investment Company (Penanaman Modal Asing), which has entered into a sub-contract with PT Batubesar Mega Nusantara (“BMN”) to conduct mining activities on a coal prospect covered by Coal Contract of Work PKP2B – Area KW.0080 (“CCOW”), issued by the Government of Indonesia."
That they already have divided the project up into 3 area's
The CCOW covers an area of approximately 49,080 hectares which has been divided into 3 categories as follows:
(a) Exploration Stage – 13,250 hectares;
(b) Feasibility Stage – 25,830 hectares; and
(c) Exploitation/Production Operation Stage – 10,000 hectares.
The exploitation area is the most advanced and is covered by the mining sub-contract between MCR and BMN. The Indonesian Ministry of Minerals and Mines has approved the commencement of mining activities in this area and mining related activities must commence on or before 15 July 2008 in order to comply with the terms of this approval.
So to me it seems more and more clear that the company has acquired a project which is on the verge of start up and if this is the case we as shareholders will be in for a wild wild ride
Guys many factors will be at play here,
Mkt sentiment, traders, day traders, momentum traders and good old investment,
I like this when it was 2.5c-3c the day of the acquistion ann, and it still looks cheap,
Further as I have already said I think the fact that it is the 'lil bro" of NSL makes for a very interesting case in point
To do NPV calcs or reserve estimates at this point in time is crazy to say the least,
My advice do as I am doing and wiat for the important production date being 15th July that only 2 weeks away, I'm sure more info will come between now and then too
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Re: CAG - Cape Range Wireless
My main concern with CAG is that they can meet the 18 july dealine for mining, and that "mining activities" is a felxible enough term so as they meet the criterion.
Anyone's reassurance is warmly welcomed.
My main concern with CAG is that they can meet the 18 july dealine for mining, and that "mining activities" is a felxible enough term so as they meet the criterion.
Anyone's reassurance is warmly welcomed.
Re: CAG - Cape Range Wireless
Hi all,
New to asf so pardon the silly question but how does the structure work for CAG and ultimately what % of resources are applicable to CAG for example I notice the holder of CCOW is PT Senamas Energindo Mulia (SEM) who has appointed BMN as its mining contractor who has subsequently sub-contracted it's rights to MCR in return for royalty payments by MCR who are owned by Metro of which CAG has acquired 20% hope this question is not to long winded but wouldn't the person with the most to benefit here be the holder of CCOW (SEM) which would put CAG a long way down the chain.
Anyway thanks
Hi all,
New to asf so pardon the silly question but how does the structure work for CAG and ultimately what % of resources are applicable to CAG for example I notice the holder of CCOW is PT Senamas Energindo Mulia (SEM) who has appointed BMN as its mining contractor who has subsequently sub-contracted it's rights to MCR in return for royalty payments by MCR who are owned by Metro of which CAG has acquired 20% hope this question is not to long winded but wouldn't the person with the most to benefit here be the holder of CCOW (SEM) which would put CAG a long way down the chain.
Anyway thanks
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Re: CAG - Cape Range Wireless
Yeah CAG looks be trading up in anticipation of this production deadline,
The company has about 500M shares fully diluted which at 4c = $20m so not demanding, but what is it worth once production kicks in?
I mean I never thought NSL would be 10c so quick, so it makes you think can CAG be 10c? that would be $50m
I would be interested to see what the chartists have to say about CAG technically
Yeah CAG looks be trading up in anticipation of this production deadline,
The company has about 500M shares fully diluted which at 4c = $20m so not demanding, but what is it worth once production kicks in?
I mean I never thought NSL would be 10c so quick, so it makes you think can CAG be 10c? that would be $50m
I would be interested to see what the chartists have to say about CAG technically
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Re: CAG - Cape Range Wireless
Thinking I could sell at 4.3 and re-enter at 3.9 - 4c I've had 5000 sell and have had to move the sell order up out of the way.
The buy side has just stacked up majorly. Really solid buy depth at 4c now, very impressive.
And lesson learnt. Don't go playing silly buggers with strong performing shares.
Thinking I could sell at 4.3 and re-enter at 3.9 - 4c I've had 5000 sell and have had to move the sell order up out of the way.
The buy side has just stacked up majorly. Really solid buy depth at 4c now, very impressive.
And lesson learnt. Don't go playing silly buggers with strong performing shares.
michael_selway
Coal & Phosphate, thats it!
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Re: CAG - Cape Range Wireless
Hi not bad at all
Btw have you looked at CDS, another coal junior doign well in recent times
thx
MS
Hi not bad at all
Btw have you looked at CDS, another coal junior doign well in recent times
thx
MS
Re: CAG - Cape Range Wireless
Yeah I thought the same thing, I could re-enter in a bit cheaper, but this price is holding, unbelievable amount of volume, its amazing!!!
Im really thinking the sky is the limit now, who knows where we will be in abt 1-2 weeks
5-6c?
Keep going CAG!!
Yeah I thought the same thing, I could re-enter in a bit cheaper, but this price is holding, unbelievable amount of volume, its amazing!!!
Im really thinking the sky is the limit now, who knows where we will be in abt 1-2 weeks
5-6c?
Keep going CAG!!
Re: CAG - Cape Range Wireless
YT, there's not really enough history atm to read too much off the chart.
Just tells me it's in a very strong uptrend atm
YT, there's not really enough history atm to read too much off the chart.
Just tells me it's in a very strong uptrend atm
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Re: CAG - Cape Range Wireless
Anyone got coal prices? and the size of the resource that CAG has?
A link to a page or such would be apreciated?
cheers
Thanks YT for clearing that up, i wasn't sure from reading the ann.
So really the upside potential is good?
YT, Have you done any future value calc potential?
Wish in hidsite I had hung onto my original holding in NSL, i got frustrated in waiting for news and sold out for 2c, but then a few days later I thought i may have made a mistake and bought a qtr of my original holding back for 2.6cents. So i have made a quarter so far of what i could have, but i had a loss when i sold cause my avge was 2.5. Anyway live and learn!!
Anyone got coal prices? and the size of the resource that CAG has?
A link to a page or such would be apreciated?
cheers
